1260 NW 24th Ave · Delray Beach, FL 33445

$299,000

2 bd · 2.0 ba · 1,528 sqft · SingleFamily public records · 67 Days on market

Built 1988 $613/mo HOA · 20% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.2/30.0
• ARV discount +7.5/15.0
• 1% rule +5.2/10.0
• Schools +4.3/10.0
• DSCR +4.0/10.0
• Livability +3.9/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

Key facts

• Heated pools
• Fitness gym
• Gated community

Tags

• FLORIDA ROOM
• PRIVATE BACKYARD
• TENNIS AND PICKLEBALL COURTS
• HEATED POOLS
• FITNESS GYM
• GATED COMMUNITY

Property features AI

Finance

• Financial info: Pets allowed with possible restrictions (number/size limits may apply); Community contains many units
• HOA & community: Community association with on-site manager; Quarterly HOA dues (amount reported); Association amenities include clubhouse, fitness center, billiard room, sauna, spa/hot tub, tennis and pickleball courts, parking, hobby room, library, management and security

Exterior

• Parking: Assigned parking, 2 spaces
• Security: Gated community with guard; Security patrol; Smoke detectors
• Utilities: Public water; Public sewer; Cable available; Water and sewer available
• Home design: Villa; One story; Resale property; Faces east
• Construction: Stucco and wood frame construction; Composition/shingle roof
• Exterior features: Outbuilding/shed for storage; Entry level living area

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: Two main-level bedrooms
• Flooring: Ceramic tile
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: High ceilings; Vaulted ceilings; Walk-in closets; Split bedroom layout
• Laundry & utility: Laundry closet inside (in kitchen) with washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $-4 ($-51/yr) — negative.
• To cash-flow at today's rent, offer at most $298k (0.3% below list).
• Meets the 1% rule at list price ($3k rent vs $299k).
• Recommended offer: $281k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.3% vs local median 4.3% in Delray Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Crosspointe Elementary School (math 36% / reading 45%, grade F, #1,471 of 2,144 statewide, top 69%, 652 students, 75% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Atlantic High School (math 28% / reading 52%, grade F, #296 of 667 statewide, top 45%, 1,889 students, 59% FRL) — zoned schools average 69% FRL vs 52% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 36% at this address vs 50% district-wide (-13 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.8%/yr); 359 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $135k; list at $299k implies a 121% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 20% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $281,060 (6.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 6.28%
• Cash-on-cash: -0.06%
• DSCR: 1.00
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.83% rent growth · sell at horizon

5-year hold

• IRR: -17.8%
• Equity multiple: 0.38×
• Total profit: $-52,010
• Equity at exit: $44,582

10-year hold

• IRR: -12.6%
• Equity multiple: 0.30×
• Total profit: $-58,800
• Equity at exit: $25,852

Cash invested: $83,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33445

• Rents YoY: 1.8%
• Active inventory: 359
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $3,045 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$105 /mo · $1,254/yr
• Insurance: −$125
• HOA: −$613
• Vacancy / Maint / Mgmt: −$640
• Net cashflow: $-4

Break-even live

Break-even rent $3,051

Max offer price $298,243

Occupancy floor 95%

Sensitivity live

Price	-10% $165	-5% $80	+0% $-4	+5% $-89	+10% $-174
Rent	-10% $-245	-5% $-125	+0% $-4	+5% $116	+10% $236
Rate	-1.0pp $146	-0.5pp $72	base $-4	+0.5pp $-82	+1.0pp $-161

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2583 NW 13th St Delray Beach, FL	2.0	2.0	1466	$2,600	$1.77	19d	1	0.13mi
1630 NW 22nd Ave Delray Beach, FL	3.0	2.0	1560	$4,200	$2.69	26d	1	0.25mi
2915 NW 12th St Unit D Delray Beach, FL	2.0	2.0	1499	$3,200	$2.13	9d	1	0.29mi
872 NW 29th Ave Unit A Delray Beach, FL	2.0	2.0	1188	$2,700	$2.27	26d	1	0.33mi
1440 NW 20th Ave #104 Delray Beach, FL	2.0	2.0	1335	$2,650	$1.99	15d	1	0.34mi
2622 NW 7th Ct Delray Beach, FL	2.0	2.5	1384	$2,750	$1.99	26d	1	0.34mi
1770 NW 22nd Ave Delray Beach, FL	3.0	2.0	1850	$7,000	$3.78	18d	1	0.38mi
2712 Lake Ida Rd Delray Beach, FL	3.0	2.0	1604	$4,000	$2.49	9d	1	0.41mi
1551 NW 20th Ave #102 Delray Beach, FL	2.0	2.0	1148	$1,995	$1.74	26d	1	0.42mi
1441 NW 19th Ter #201 Delray Beach, FL	2.0	2.0	1148	$2,250	$1.96	26d	1	0.42mi
1860 NW 13th St #201 Delray Beach, FL	2.0	2.0	1335	$2,800	$2.10	26d	1	0.44mi
1520 NW 19th Ter #203 Delray Beach, FL	2.0	2.0	1335	$2,200	$1.65	26d	1	0.44mi
1640 NW 19th Ter #103 Delray Beach, FL	2.0	2.0	1148	$1,950	$1.70	24d	1	0.45mi
1640 NW 19th Ter #103 Delray Beach, FL	2.0	2.0	1148	$1,950	$1.70	9d	1	0.45mi
797 NW 32nd Ave Delray Beach, FL	2.0	2.0	1480	$2,800	$1.89	19d	1	0.45mi
797 NW 32nd Ave Delray Beach, FL	2.0	2.0	1480	$2,800	$1.89	26d	1	0.45mi
1560 NW 18th Ave #104 Delray Beach, FL	2.0	2.0	1148	$2,100	$1.83	24d	1	0.47mi
1560 NW 18th Ave #104 Delray Beach, FL	2.0	2.0	1148	$2,100	$1.83	22d	1	0.47mi
2941 Angler Dr Delray Beach, FL	3.0	2.0	1578	$5,000	$3.17	26d	1	0.47mi
1641 NW 19th Ter Unit 46A Delray Beach, FL	2.0	2.0	1104	$2,000	$1.81	20d	1	0.50mi
500 N Congress Ave Delray Beach, FL	2.0–3.0	1.0–2.0	989	$2,295	$2.32	1d	6	0.53mi
1631 NW 18th Ave #201 Delray Beach, FL	2.0	2.0	1148	$3,300	$2.87	26d	1	0.59mi
9 Stratford Dr E Unit B Boynton Beach, FL	3.0	2.0	1622	$5,990	$3.69	0d	1	0.61mi
945 Sunflower Ave Delray Beach, FL	3.0	2.0	1755	$4,500	$2.56	9d	1	0.66mi
61 Eastgate Dr Unit A Boynton Beach, FL	2.0	2.0	1572	$7,000	$4.45	26d	1	0.66mi
328 W Coral Trace Cir Unit 328 Delray Beach, FL	3.0	2.5	1632	$3,500	$2.14	12d	1	0.71mi
328 W Coral Trace Cir Delray Beach, FL	3.0	2.5	1632	$3,500	$2.14	24d	1	0.71mi
315 Coral Trace Ln Delray Beach, FL	3.0	2.0	1576	$3,800	$2.41	9d	1	0.73mi
3996 NW 7th Ct Delray Beach, FL	3.0	2.0	1480	$5,000	$3.38	26d	1	0.74mi
340 Lake Monterey Cir Boynton Beach, FL	2.0	2.5	1188	$2,350	$1.98	26d	1	0.76mi
169 Monterey Bay Dr Boynton Beach, FL	3.0	2.5	1389	$2,800	$2.02	26d	1	0.77mi
169 Monterey Bay Dr Boynton Beach, FL	3.0	2.5	1389	$2,800	$2.02	16d	1	0.77mi
4110 NW 10th St Delray Beach, FL	3.0	2.5	1839	$4,500	$2.45	26d	1	0.78mi
161 Monterey Bay Dr #161 Boynton Beach, FL	2.0	2.5	1188	$2,200	$1.85	5d	1	0.78mi
161 Monterey Bay Dr #161 Boynton Beach, FL	2.0	2.5	1188	$2,250	$1.89	15d	1	0.78mi
161 Monterey Bay Dr #161 Boynton Beach, FL	2.0	2.5	1188	$2,300	$1.94	26d	1	0.78mi
161 Monterey Bay Dr Boynton Beach, FL	2.0	2.5	1188	$2,300	$1.94	5d	1	0.78mi
161 Monterey Bay Dr Boynton Beach, FL	2.0	2.5	1188	$2,300	$1.94	20d	1	0.78mi
227 Coral Trace Ln Unit 227 Delray Beach, FL	2.0	2.0	1376	$3,100	$2.25	26d	1	0.80mi
138 Monterey Bay Dr Boynton Beach, FL	3.0	2.5	1551	$2,800	$1.81	3d	1	0.81mi

HOA detail

• Monthly dues: $613 · $7,356/yr
• Likely covers: roofpoolgymsecurity

Listing history 23 events

1. 2026-06-21
   days on market $299,000 Active 67 DOM
2. 2026-06-18
   days on market $299,000 Active 64 DOM
3. 2026-06-17
   days on market $299,000 Active 63 DOM
4. 2026-06-16
   days on market $299,000 Active 62 DOM
5. 2026-06-15
   days on market $299,000 Active 61 DOM
6. 2026-06-13
   days on market $299,000 Active 59 DOM
7. 2026-06-09
   days on market $299,000 Active 55 DOM
8. 2026-06-08
   days on market $299,000 Active 54 DOM
9. 2026-06-07
   days on market $299,000 Active 53 DOM
10. 2026-06-04
    days on market $299,000 Active 50 DOM
11. 2026-06-03
    days on market $299,000 Active 49 DOM
12. 2026-06-02
    days on market $299,000 Active 48 DOM
13. 2026-06-01
    days on market $299,000 Active 47 DOM
14. 2026-05-31
    days on market $299,000 Active 46 DOM
15. 2026-04-15
    listed $299,000 Active
16. 2015-06-16
    soldstatus $135,000
17. 2015-06-12
    historical 936-char remark

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

18. 2015-06-05
    soldstatus $135,000 Closed 936-char remark

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

19. 2015-03-26
    status Active Under Contract 936-char remark

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

20. 2015-03-24
    historical Contingent 936-char remark

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

21. 2015-03-21
    historical

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

22. 2015-03-21
    listed $140,000 Active 936-char remark

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

23. 2015-03-21
    listed $140,000 Active

    Show marketing remark (936 chars)

    Rare End Unit Villa with enclosed Florida Room for expanded living area!Light and Bright home with Cathedral Ceiling, split bedrooms with Master Bedroom having a large Walk-in closet PLUS Additional Closet. Full Bath with shower. Second Full Bath has Tub. There is even a large Storage Room! One pet up to 25 pounds is permitted or two Teacup dogs totaling 20 lbs are allowed. Leasing is permitted after 2 years of ownership. Association does regular roof maintenance and paints exterior of units - however they will not cover Hurricane Damage, etc. Property and flood insurance is advised. This Corner Lot is set in a Very Active Adult Manned Gated Community with 12 Clay Tennis Courts and a Tennis Pro, 5 Heated Pools, Clubhouse with Gym and Separate Theater with Top Name Performing Entertainment. You will love it's proximity to Atlantic Avenue, Shopping, Restaurants, First Rate Hospitals, the Ocean and Delray's Relaxed Lifestyle?

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,254 · $105/mo
• Projected year-2 tax: $2,482 · $207/mo
• Expected delta: +$1,227/yr (+$102/mo · 97.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,544
• − Mortgage interest: −$16,749
• − Property taxes: −$1,254
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,924
• − Management: −$2,924
• − HOA: −$7,356
• − Depreciation: −$8,698
• Taxable loss: −$4,855
• Est. tax savings @ 24.0%: +$1,165
• After-tax cash flow: $1,114/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palm Beach
• NCES district ID: 1201500
• Math proficiency: 46% ▼ -16.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $53,943
• Composite: 42.72/100
• National rank: #3160
• State rank: #34 of 73 in FL

Livability — Delray Beach

• Score: 77/100
• State rank: #202
• US rank: #3160

Category grades

Amenities F Commute A- Cost of living C- Crime D- Employment B+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Delray Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 123,167
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 33,122
• Household income: $78,163
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1649.0

Population outlook (Palm Beach County) Hauer SSP2

• Today (2025): 1,637,487 people
• By 2030: 1,743,255 · +6.5%
• By 2040: 1,948,712 · +19.0%
• By 2050: 2,132,979 · +30.3%
• By 2075: 2,530,027 · +54.5%
• By 2100: 2,706,979 · +65.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Black 24% Hispanic / Latino 11% Two or more races 11% Asian 4%
• Hispanic origin (detail): Puerto Rican 3% Cuban 2%
• Common ancestry: Hispanic 14% Romanian 3% Scotch-Irish 3%
• Foreign-born: 27% · Canada, Jamaica, Dominican Republic
• Languages at home: 66% English-only · French/Haitian/Cajun 18% Spanish 9% Other Indo-European 4%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -258.16%
• Current HPI: 349.5505
• Rent YoY: ▲ 1.83%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+113.6% since first listed

9 events — show timeline

• 2026-04-15 Listed $299,000 Beaches MLS
• 2015-06-16 Sold (Public Records) $135,000 Public Records
• 2015-06-12 Listing Removed — Beaches MLS
• 2015-06-05 Sold (MLS) $135,000 Beaches MLS
• 2015-03-26 Relisted — Beaches MLS
• 2015-03-24 Contingent — Beaches MLS
• 2015-03-21 Listing Removed — Beaches MLS
• 2015-03-21 Listed $140,000 Beaches MLS
• 2015-03-21 Listed $140,000 Beaches MLS

Property tax history

+2.3%/yr

Latest (2025): $1,254 · +10.5% YoY. Source: county tax records.